Murphy Pohlad Asset Management LLC Sells 92 Shares of UnitedHealth Group Incorporated (NYSE:UNH)

Murphy Pohlad Asset Management LLC cut its holdings in UnitedHealth Group Incorporated (NYSE:UNH) by 2.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,918 shares of the healthcare conglomerate’s stock after selling 92 shares during the quarter. Murphy Pohlad Asset Management LLC’s holdings in UnitedHealth Group were worth $1,982,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. BDF Gestion boosted its holdings in shares of UnitedHealth Group by 7.1% in the 4th quarter. BDF Gestion now owns 30,050 shares of the healthcare conglomerate’s stock valued at $15,201,000 after buying an additional 2,002 shares in the last quarter. Synergy Asset Management LLC grew its holdings in UnitedHealth Group by 106.9% in the fourth quarter. Synergy Asset Management LLC now owns 16,075 shares of the healthcare conglomerate’s stock worth $8,733,000 after purchasing an additional 8,305 shares during the last quarter. Strategic Planning Group LLC grew its stake in UnitedHealth Group by 3.1% during the 4th quarter. Strategic Planning Group LLC now owns 10,215 shares of the healthcare conglomerate’s stock worth $5,168,000 after buying an additional 304 shares during the last quarter. Gries Financial LLC raised its stake in UnitedHealth Group by 10.6% in the fourth quarter. Gries Financial LLC now owns 1,791 shares of the healthcare conglomerate’s stock valued at $906,000 after buying an additional 172 shares during the last quarter. Finally, Hanson & Doremus Investment Management grew its stake in shares of UnitedHealth Group by 112.9% during the fourth quarter. Hanson & Doremus Investment Management now owns 892 shares of the healthcare conglomerate’s stock worth $451,000 after acquiring an additional 473 shares during the last quarter. Institutional investors own 87.86% of the company’s stock.

Insiders Place Their Bets

In other news, Director Timothy Patrick Flynn purchased 1,000 shares of the company’s stock in a transaction dated Friday, January 17th. The shares were acquired at an average cost of $511.57 per share, for a total transaction of $511,570.00. Following the completion of the purchase, the director now directly owns 4,500 shares in the company, valued at $2,302,065. The trade was a 28.57 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.33% of the stock is owned by insiders.

UnitedHealth Group Trading Down 0.8 %

NYSE UNH opened at $538.29 on Thursday. The stock has a market capitalization of $495.38 billion, a PE ratio of 34.73, a price-to-earnings-growth ratio of 1.41 and a beta of 0.62. The firm has a 50 day moving average of $539.43 and a two-hundred day moving average of $565.28. The company has a quick ratio of 0.91, a current ratio of 0.83 and a debt-to-equity ratio of 0.74. UnitedHealth Group Incorporated has a 52 week low of $436.38 and a 52 week high of $630.73.

UnitedHealth Group (NYSE:UNH) last announced its quarterly earnings results on Thursday, January 16th. The healthcare conglomerate reported $6.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.74 by $0.07. The firm had revenue of $100.81 billion during the quarter, compared to the consensus estimate of $101.60 billion. UnitedHealth Group had a return on equity of 26.69% and a net margin of 3.60%. The firm’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same period in the prior year, the company posted $5.83 earnings per share. As a group, research analysts expect that UnitedHealth Group Incorporated will post 29.74 EPS for the current fiscal year.

UnitedHealth Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 17th. Stockholders of record on Monday, December 9th were issued a $2.10 dividend. The ex-dividend date was Monday, December 9th. This represents a $8.40 dividend on an annualized basis and a dividend yield of 1.56%. UnitedHealth Group’s payout ratio is 54.19%.

Analyst Ratings Changes

Several equities research analysts have recently commented on UNH shares. KeyCorp reiterated an “overweight” rating and set a $650.00 price objective on shares of UnitedHealth Group in a research note on Friday, January 17th. HSBC upgraded shares of UnitedHealth Group from a “hold” rating to a “buy” rating and set a $595.00 price objective for the company in a research report on Friday, January 10th. Hsbc Global Res raised shares of UnitedHealth Group from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 10th. Oppenheimer raised their price objective on UnitedHealth Group from $610.00 to $640.00 and gave the company an “outperform” rating in a report on Friday, December 6th. Finally, Truist Financial lowered their target price on UnitedHealth Group from $625.00 to $610.00 and set a “buy” rating on the stock in a report on Monday, January 6th. One investment analyst has rated the stock with a hold rating, twenty have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $629.32.

UnitedHealth Group Company Profile

UnitedHealth Group Incorporated operates as a diversified health care company in the United States. The company operates through four segments: UnitedHealthcare, Optum Health, Optum Insight, and Optum Rx. The UnitedHealthcare segment offers consumer-oriented health benefit plans and services for national employers, public sector employers, mid-sized employers, small businesses, and individuals; health care coverage, and health and well-being services to individuals age 50 and older addressing their needs; Medicaid plans, children's health insurance and health care programs; and health and dental benefits, and hospital and clinical services, as well as health care benefits products and services to state programs caring for the economically disadvantaged, medically underserved, and those without the benefit of employer-funded health care coverage.